A Federal High Court in Lagos state has granted club owner and businessman, Pascal Okechukwu popularly known as Cubana Chief Priest, bail in the sum of N10 million.
The Economic and Financial Crimes Commission, (EFCC) earlier detained and arraigned him on a three-count charge for allegedly spraying and tampering with the naira at social events.
The socialite pleaded not guilty to tampering and abusing the naira during his trial. He was alleged to have sprayed the naira on February 13, 2024, at Eko Hotel.
Cubana Chief Priest was also said to have tampered with funds in the denomination of N500 notes issued by the CBN by spraying the same for two hours.
A charge sheet read; “That you, Okechukwu Pascal on 13th Feb. 2024, at Eko Hotel, within the jurisdiction of the court, while dancing during a social event, tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same for two hours, and you thereby committed an offence, contrary to and punishable under Section 21(1) of the Central Bank Act 2007”.
But during his arraignment on Wednesday, April 17, Justice Kehinde Ogundare approved the bail application with two sureties in like sum.
